Lim Guan Eng, Minister of Finance for Malaysia, who had been invited by the AMENA Center for Entrepreneurship and Development, addressed UC Berkeley students and faculty on the topic of “Industry 4.0 and the Extension of Malaysia’s Economic Success” at the Blum Center on October 18.
The signing of this memorandum of understanding aims to achieve one of the key strategic objectives of the University City Project for attracting world-class universities and research centers to the Sultanate of Oman and is aimed at transforming the Sultanate into a regional destination for entrepreneurship and innovation by establishing a cutting-edge training center focused on artificial intelligence.
The vision of the innovation hub is to provide incubation and acceleration opportunities for start-ups and provide upskilling programs for employees from the public and private sector to equip them with 21st-century skills in areas such as artificial intelligence, critical thinking, intrapreneurship, and innovation. It is intended that some of the programs to be delivered by the center will grant academic credits that may be counted towards earning academic degrees.
The BIT-AMENA Center has successfully concluded its new, two-week tech entrepreneurship course at Berkeley-Haas this month focused on business people from Asia, the Middle East, and North Africa. A total of 25 students— a third of them women—participated in the inaugural course July 5-15. They included a mix of aspiring and current entrepreneurs, students, lawyers, government officials, and businesspeople from Azerbaijan, Saudi Arabia, Iran, Turkey, Russia, Qatar, among other countries.
BPEDME’s Advisory Council member Stephan Chambers on iBridge Berlin in the Financial Times.
A thousand Iranians from around the world arrived in Berlin last week to talk entrepreneurship. Their project was not much short of building modernity through tech start-ups. They asked many good questions of each other; and one terrible question, “How can we be like Silicon Valley?” — one that should be banished from the entrepreneurial canon from Shoreditch to Singapore.
A support system of mentors, seed funders and venture-capital funds has begun to take shape, but financing can still be hard to find and, while Iran produces many top-class computer engineers, business experience is still scarce.
“Access to finance for start-ups is still at a very nascent stage,” Mohsen Malayeri, co-founder of the Iran Entrepreneurship Association, told Reuters at the iBridge conference.
“We have talented engineers but understanding market dynamics is different.”